Initiation of CIRP - the pendency of the SARFAESI proceeding or ...

Case Laws Insolvency and Bankruptcy

July 23, 2020

Initiation of CIRP - the pendency of the SARFAESI proceeding or other dispute does not prevent a financial creditor to trigger the corporate insolvency resolution process because the nature of remedy being sought for under the provisions of the I and B Code is "Remedy in Rem" in respect of the CD.

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Initiation of CIRP - the pendency of the SARFAESI proceeding or ...

Case Laws Insolvency and Bankruptcy

July 23, 2020

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